Risk Officer

Ageas Group; Brussel Hoofdstad; Hybrid; EUR 90,000 - 130,000; Full time

Benefits offered by this job

Partial remote work

Multicultural environment

Extensive salary package

Flexible income plan

Flat structure

Learning platform access

Top Employer Belgium

Job summary

Ageas Re, part of the Ageas Group, seeks a Risk Officer in Belgium to support the Enterprise Risk Management framework, contribute to ORSA, and assist the quarterly Solvency II closing. The role requires an actuarial or mathematical background and strong Excel skills, with English as a must-have and Dutch/French as a plus.

Hybrid work arrangement up to 50% is offered. You will collaborate with cross-department teams in a dynamic, multicultural environment and contribute to a top employer in

Qualifications

• Actuarial degree or mathematical background.
• At least 5 years of experience in the insurance industry; reinsurance experience is a plus.
• Balance between detail and simplicity in analysis.
• Hands-on mentality and practical approach.
• Proficient in Excel.
• Full professional proficiency in English; French/Dutch is a plus.

Responsibilities

• Support the set-up and roll-out of the Ageas Re ERM framework with clear documentation and risk reporting.
• Assist ORSA preparation and documentation, including assumptions and results.
• Support quarterly Solvency II closing process with capital calculations and commentary.
• Perform capital calculations (SCR) under Pillar 1 and Pillar 2 and document inputs and results.
• Explain main drivers of quarter-on-quarter capital changes.
• Maintain up-to-date documentation of inputs, assumptions and outputs for Solvency II closing.

Skills

Analytical thinking

Attention to detail

English proficiency

Education

Actuarial degree or mathematical background

Tools

Excel

Job description

Ageas is a listed international insurance Group with a heritage spanning of 200 years, offering Retail and Business customers Life and Non-Life insurance, and is also engaged in reinsurance activities. As an international insurance company, Ageas concentrates its activities in Europe and Asia through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of over EUR 19.6 billion in 2025.

Ageas aims to be a Great place to Grow for all its people, while always staying true to its four values: care, share, deliver and dare. Ageas strives to create a truly inclusive company – attracting the most talented people and offering a working environment where everyone feels they belong, collaborates to achieve our common ambitions and is recognized for their contribution. Ageas encourages its people to think and act differently, to speak up, to be themselves and to contribute their individual skills. For Ageas, diversity and inclusion is a business imperative, providing us with the foundation to achieve sustainable business results across different markets.

Ageas has been re-certified as Top Employer in 2026.

Ageas Re

Ageas Re is organized as a Business Unit within ageas SA/NV, the Group holding, on whose balance sheet it underwrites third-party and intra-group reinsurance under the trade name Ageas Re. Today, Ageas Re serves clients globally, specializing in property and casualty treaty reinsurance.

Your function

The Risk Officer is responsible for:

• Support the further set-up and roll-out of the Ageas Re Enterprise Risk Management (ERM) framework, contributing to the development of risk policies, processes and procedures. Help translate the framework into clear documentation that describes how risk management activities are organised and carried out. Contribute to the associated risk reporting, bringing together relevant information in a structured and understandable way.
• Support the Own Risk and Solvency Assessment (ORSA), which forms part of the MYB, by contributing to the preparation of the assessment and its supporting analysis. Help bring together the relevant inputs and document the assumptions and results in a clear and consistent manner. Contribute to explaining the assessment outcomes and their connection to the MYB.
• Support the quarterly Solvency II closing process, contributing to capital calculations, results analysis and process documentation. Help bring together the inputs and supporting information needed to complete the quarterly assessment. Contribute to a coherent set of outputs in which the calculations, commentary and documentation are consistent with one another.
• Perform capital calculations (SCR) under Pillar 1 and Pillar 2, checking consistency and documenting inputs, assumptions and results.
• Interpret quarterly results and explain the main drivers of quarter-on-quarter changes in capital requirements.
• Maintain clear, up-to-date documentation of the inputs, assumptions, calculation steps and outputs of the quarterly Solvency II closing process.

Your profile

• Actuarial degree or mathematical background
• At least 5 years of experience in the insurance industry, reinsurance experience is a plus
• Ability to find the right balance between applying the required level of detail and reducing complexity
• Hands on mentality.
• Proficient in Excel
• Full professional proficiency in English. French and/or Dutch is considered a plus.

We offer

• The possibility of (maximum 50%) home working in agreement with your line manager;
• A dynamic, multicultural working environment;
• An interesting and extensive salary package (including meal vouchers, eco vouchers, hospitalization, disability and group insurance, additional child benefit, mobile allowance and intervention in the internet reimbursement, ...);
• The possibility to optimize part of your salary package through a flexible income plan;
• A corporate culture where you are encouraged to share your views and opinions;
• A flat organizational structure with close collaboration and communication with management and cross departments;
• An extensive range of learning & development opportunities through our online learning platform;
• The opportunity to further develop yourself and to be part of a great team at a Top employer in Belgium. Find out more about it here.